Europe

NORWAY - Norway's Government Pension Fund Global is to purchase foreign exchange in November equivalent to NOK800m ($135m) a day.

UK - Employers levelling down scheme provision following the introduction of auto-enrolment will only confirm negative perceptions of pensions, Iain Duncan Smith warns.

EUROPE - Europe needs to cut its pension deficits or risk prolonging the region's debt crisis as investors punish governments that don't force citizens to work longer, said Finnish Finance Minister Jyrki Katainen.

UK - The Wedgwood Museum could see its historic collection of antique pottery sold off by the Pension Protection Fund in a bid to pay off a £134m ($213.5m) scheme liability, an MP warns.

DENMARK - Danish pension provider ATP recorded a DKK17.4bn ($3.2bn) profit in the nine months to September.

FRANCE - Train services were disrupted and flights canceled after French unions called for a fifth, and some said final, strike today against President Nicolas Sarkozy's pension bill, passed by parliament.

UK - Balanced pooled funds have bounced back in Q3 with a positive return of 9.4%, research by BNY Mellon reveals.

UK/AUSTRALIA - Asset managers working with the A$15.5bn ($15bn) HESTA Super Fund should prepare for yearly inquiries about their policies on environmental, social and governance (ESG) investments.

UK - Gilt yields have spiked strongly after the UK recorded twice the expected growth in the third quarter.

UK - Employers will be allowed three months' grace before auto-enrolling staff into a pension scheme, the Department for Work and Pensions says.